jcpenny was having. it is not good news. david: let's take a minute to listen to this. the bells are ringing on wall street and we can revel in the fact there is green on the screen. dow jones industrials up 49 points. we have not seen it in a while, nasdaq up. the russell 2000 seeing an earful percentage gain. david: the middle east are getting dicier. we will talk about it in a moment, but crude getting a boost up 1.5% today. liz: it was not enough to boost oil names, oil services and

energy names, these are hitting 52-week lows. all on the downside. david: we have been focusing so much on apple because of the dramatic fall the last couple of weeks. let's look overall at nasdaq falling into correction territory six weeks in a row. the longest losing streak in four and a half years but at the end of the day pulling into the green and that is good news for monday. liz: our viewers cannot afford to miss. david carter, one of the most sought after mentor for ceos in the world will be here in the studio sharing five tips he gives for big bucks to become the best you can be. the kind of stuff that rockets people and companies to great success. he will help you guide yourself to that.

david: turning many people into multimillionaires. virgin america ceo will be here to discuss the growing operating profits and tell us why they're ordering new jets. you will not want to miss what he has to say. liz: depending on what you're looking at, stocks struggled for direction today, crossing unchanged line 29 times before punching up and settling into the green in the last hour and 10 minutes and staying there. all three major indices ended lower post in the fourth straight weekly loss. materials and technology leading the claim. you could see the tech names hitting 52-week lows. the dollar index climbing to the highest level in two months as

uncertainty over the fiscal cliff triggered a flight to safety. ending up half a percent. is a mixed day for precious metals. goal this week of gains and so ended the trading day in the red but not enough to push the precious metal into the green for the week still closing with all the worries around us, still closing the week lower dropping nearly 1 percent. david: a lot of business to take care of. advocates of the cme, tell us what is happening. and what is market could be in for a big correction over the next couple of weeks and now is not the time to shy away. scott, the market are watching these negotiations in washington over tax hikes the same way they would watch the fed and the market moved accordingly, don't they? >> unbelievable, minute by

minute, second by second. depending on the flavor of the hour, that is how the markets are reacting. we saw the relief rally made a. we saw the relief rally. if nothing comes out over the weekend, nothing further. nothing further comes out, i think we will see some volatility be pumped back into the market come early next week. the fix really retreated from earlier to where we closed today. if nothing comes out positive over the weekend, we will see added to volatility and more pressure next week. liz: anything positive coming out are slim to none. >> they could come up with more

rhetoric, still at the table, we are meeting at 8:00 monday morning. not that we will push it down beyond thanksgiving holiday. saying we will not raise back up, only going 2:30 seven. dividend rate will go up, we will not see that. again, we got a knee-jerk reaction, that is what i call it, a knee-jerk reaction when they came together this afternoon and we finally struggled and fought to be up today. that, i believe, will be problematic if there isn't any code for tuition -- continuation of that. david: very interesting, saw the pics go from 18.5 down to 16.8 in today's trading. tremendous drop in the volatility index m may tell youa lot about how the market was calm despite the situation in d.c.

>> there is no question about that. now we are settling in the middle of that range. all of next week whether they are on the table or whether we are not doing anything, the 18 plus number we saw will be the high. at least until after the holidays. look for volatility to trade at a high rate. david: thank you, scott. liz: wells fargo chief equity strategist. first to you, you are expecting more of a correction, it just indecisiveness?

>> we have a correction is because the market force the issue. i don't know if the president and the speaker of the house will get together or not, but i know if they don't the market will really force it on them. expect the markets do whatever it has to do to force the issue. david: that is a moment there is tremendous opportunity, is it not? >> this is not like 2007 when the market were pretty slick. price above bonds and real estate. this is the opposite. there are a lot of volatilities. the market is pricing in a very slow growth. david: is i pricing in a recession? >> yes, recession is pricing. the yield you can get from stock profits right now versus what

you can achieve a 10-year treasury bond has only been higher a few other times going back to 1950. hire in the 1950s and hire in 1974. this is a time when i think you want to be taking risks but you can be rewarded for it. "call of duty: black opsliz: the is a 50% more correction but longer-term what is your horizon here? speaker next to it in the s&p can get some real potential. this is a real correction, not so much in the market with a the politicians who run the country, we will force the issue. i have a greater deal long-term though. david: let's emphasize this, we have had great faith in both of you guys but you have been here for a long time.

we could go into a small recession i think it is significant. energy is one thing you're looking at. i wonder if natural gas, we talked about this, whether that might be one way, one fossil fuel the president might be able to get behind. is that one place might think of putting our money? >> we have to bring something. there seems to be a lot more of it than there was. that is more profits, i think there is so much natural gas is cheap enough we can actually add the extra cost. liz: you think health ca care ad energy will be added. he sees some opportunities there? >> still think technology companies can sell technology to others.

i still think we only about halfway through the corporate psycho. they use technology so well, adding more going forward. david: is not forget about the companies abroad. look for some good, solid companies overseas. there is a fund, it will focus on these companies down 30, 40, 50%, right? >> that is right. small companies trading 40% below the book value, large companies trading about 10 to 15% below the breakup value. large international companies that have global exposure and right now the price for recession coming in very, very well relative to price. the bad news being pricing to the national market is good for

buyers. liz: good to see you both. thank you for your ideas. david: lawmakers have until the end of the year to agree on a budget cuts and possible tax hikes. leaders meeting at the white house saying it was constructive, whatever that means. report from the white house coming up. liz: a very small and very exclusive list of people, many ceos, might call from the ceo whisperer. joining us exclusively to tell us, tell you all you can do to be the best that you can be. valuable advice for free but here on fox business. david: version america looking to expand and to go public. what are the plans, ceo david

cush will be joining us. keep it right here. [ male announcer ] this steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doest nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade.

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david: saw the interview with sullivan over the weekend. futures closing, let's go back to the cme group. they boosted the market cebit will last through the weekend. >> it will last until the future is open again. there's a lot of uncertainty, more so than i have really seen in quite a while. uncertainty about when these guys will get together. not a matter of if, but really win. we're in for little more volatility. liz: try and have a good week, thank you so much. best buy shares. nicole.

nicole: this is a stock down 10% today, hit lows we have not seen in a decade. take a look, down $1.49. citigroup says it may not be enough to fend off the online rivals. likely a 30 day extension. best buy faces intense competition, buy online trying to match those prices. $1.2 billion net loss in the latest fiscal year. obviously under intense, intense pressure. back to you. david: president obama has opened its doors looking for both sides to address the

problems. liz: rich a edson outside where they have closed their doors. spealiz: it will continue the nt few weeks. what we got today was an offer, a framework from the speaker john boehner who is calling for spending of revenue targets to be set this year and an overhaul of entitlement and tax reform to begin next year, 2013. what we got at the end of the talks today with a willingness to compromise. >> we're both going to have to give up some of the things we know are a problem. >> i will be continue to have revenue on the table, for my college to show the american people that we are serious about cutting spending and solving our fiscal dilemma. >> and so while the tone was

positive, when you talk to aids, their position remains as they were this morning and the last couple of weeks. democrats want tax rates to increase still on families earning more than $250,000 per year and they want that to happen in the beginning of january when the scheduled rate increase is supposed to happen. republicans say any revenues must come from tax reform, a process next year, and must be accompanied by entitlement reform. a good tone coming out of the meeting was still remains far apart. david: you ever feel like screaming out, you knuckleheads, get it together. >> secret service might have something to say about screaming. liz: thank you very much. think about all you do on your smartphone. e-mail, you shop i-india bank and you put your password in.

what if somebody got access to all that information. mobile security, 200,000 users per day and with that comes victims. it is co-ceo joining us exclusively after the break. david: only here on "after the bell," david c.m. he is known as the mentor. only takes about 10 clients every few years. today you get his five ways to be the best you can possibly be if you feel you are not performing up to your potential. he will tell you how to do it, free advice from a guy who has created a lot of millionaires coming right up. 4g lte is the fastest.

so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. stilsticking with verizon. verizon. more 4g lte coverage than all other networks combed.

liz: take a look at this figure. reported third-quarte third quat revenue soared 127% year over year. david: so it is driving growth? teenagers have something to do with the revenue. co-chief executive officer joining us now from dallas. good to see you, thank you for coming in, appreciate it. revenue is up and you are doing spectacular well on that side but the stock is way down, putting a three year chart, and

about a 40% decline in stock price. what is happening there? >> we are continuing to deliver results. obviously this is a tough week on wall street, china internet bellwether made some mistakes. david: some people say by association have business in china that means investors are looking sour on your stock, is that what is going on? >> i can't speak to the specific stock price, but the single best component is outside of china. 40% of the business comes from outside of china. since i last talked, we talked about the strategy of enterprise.

enterprise that is happening is contributing significantly to our growth. we gave guidance last two revenues 41 million, this year giving guidance to over double from 90 to 91 and next t year te core business another 150-155 with another 20 to 25 coming in acquisition nearly doubling again next year. liz: if i lost this, i would be in trouble. big, big stuff in here. i speak for a lot of people who put everything in their phone. you specialize in security for these types of devices and just as you save more and more eople are bringing their devices to work, they're mobile and running around the building, whatever, what is it you are doing where customers have to have to do

what t-mobile offers? >> wit we have mobile security products that protect you from now where our antivirus recovery data. if you're in a situation where you cannot recover, can remotely lock it, remotely wipe it in addition to launch a product called mobile bolt where you can encrypt and prevent your data from prying eyes. i heard you talk about a product to protect the kids when they buy their first smart phone. 58% of teenagers in the u.s. now have smart phone, the fastest-growing demographic. it is a global phenomenon so we have consumers and enterprise as well.

allowing us to protect those going to the enterprise. david: of all the figures we have seen the most remarkable is 58% of teens and preteens have smartphones because i'm the one hand it to be a lifesaver, the other hand it can be pretty scary what the kids are exposed to. is that one of the fastest-growing segments of your business? >> yeah, we just announced the product. our team is getting ready to launch those products for black friday, so we are actively working to make sure parents walking to the stores next week and buying their kids a smart phone have the ability to purchase. we announced the relationships with the dealers in the u.s. absolutely expecting it to be a big part of the growth.

i'm not sure this phenomenon will stop, they are begging me every single day for a smart phone. i anticipate this will go below the age of 10 at some point. they can do almost anything on these devices. david: i can't, but the six-year-old can. they could teach you a thing or two. liz: my eight-year-old is teaching me the phone. we are following the company, nq mobile, he is the co-ceo. david: high fuel prices forcing virgin america to scale back growth but it is not deterring them from possibly going public. david cush, virgin air ceo joining us next. liz: and two of the biggest shipping companies put into the spotlight. that in today's speed read.

david: time for a quick speed read of some of the day's other headlines. pheiffer stories in a minute of the first up, get the twinkies while you can. hostess brands says it is going out of business a nationwide strike crippled its business. hostess is closing all of its plants and laying off 18,000 workers. two employees after shipping company are targets of a federal probe. investigation into the online pharmacies and possible shipments of illegal drugs. nintendo's follow-up to the possible lar wii cones sole, the wiu is hitting stores on sunday. game analysts are expecting strong initial launch but there are concerns it won't be have the appeal of its predecessor. leaf auto make is giving up goal hitting 20,000. they're not even close. just 6800 sold through

object. the humane society reaching a record $500 million sentiment against the defunct west land hallmark meat company. you may remember the slaughterhouse abuse case stemming from a 2008 meat recall. this was the biggest in u.s. history. that is today's speed read. [buzzer] bingo. liz: nicely done. david: virgin america reporting third quarter operating profit is watching revenues rise 27% over last year with an ipo on the horizon in a year or so, what is the next for the domestic airline. liz: we got the numbers. they're going public and revealing inside numbers. let's bring in the president and ceo of virgin, james cush. i was talking to richard branson of the parent company of virgin group about this it was 2007 when you guys launched. you guys success as well as they do they want fox business to do just as well. look how well you have done.

you fly to 15 cities in the u.s. and mexico. you have really become a player. what is the strongest area of your business right now at a time when people are checking their wallets and pocketbooks saying i can't take this trip but i'll take this one but at a discount? >> we're seeing lots of strength in the transconsuelo mackket. the jfk market is strong. from l.a. to san francisco. we're seeing stable demand from the business side. we're worried about leisure as ticket prices go up to compensate for fuel and we're keeping a close eye on that. david: let's talk about style and brand. they are always important to virgin product anything that has the virgin name in it. first of all, some people say you are to airlines what apple is to technology. you have that kind of new age style. how would you define your brand? >> well you know the virgin brand have always had a very strong eye toward design and you know the feeling in

virgin is, everything doesn't have to be totally utilitarian. it can actually look good and feel good and everything else as well as providing what the benefit of the products. so when you look at our cabin that is really what a lot of the focus was. it doesn't have to be just spartan. you can actually have a pleasant environment pleasing to the eye and that's what we've done. liz: he is talking about the pink lights, folks. when you get on virgin american planes and get pink lights and funky music. it is absolutely a pleasant experience once you get on. what is happening? you're canceling aircraft orders. you canceled the boeing orders. canceling 20 of your 30 airbus orders. why? >> we had a look at it this summer. we had significant growth coming up we went through a major growth spurt, 75% increase over last couple years. what we looked at if you look at fuel prices where we are, and look at slow economic growth the country is going through that simply

we were not going to return adequate return on capital. we had a call with airbus. they had other customers that wanted airplanes. we decided to pull out in the reins a little bit until we get more clarity. david: gas prices no joke for drivers on the ground or in the air. you guys have a $75 million unrestricted cash balancee how much of that would be eaten up if gas prices go up even higher than they are now? >> well, you know, fuel of course is the largest expense for airlines right now. it is about 50% of our expense. david: wow. >> we keep a close eye on that. what i will say, we've got a pretty solid hedge book going forward. so we believe we would have time to react to ticket prices. we have half of our fuel over the next 12 months already hedged. >> already hedged. it gets scary to see that chart. looks like we're heading back up to closer to the bottom of territory in 2008 when it was just really tough. united airlines and fox business broke this story yesterday, suffered a terrible computer glitch that grounded many jets if

not all stateside. my question to you, how do you ensure over at virgin america that doesn't happen to you guys? i know you're on a smaller scale but none the less. >> that is the thing about airlines, it is a huge logistical puzzle every day. when your systems even go down for an hour or two, takes a long time to put them back together. we have many levels of redundancy not only in the computer systems themselves but in the telecommunications networks. sometimes it all goes wrong. that is what happened to united. we hope it doesn't hap to us. david: finally, david, long-term plans, they want to know when is the ipo for virgin america? is it at the end of the 2013? is it on indefinite hold or what. >> it is not on indefinite hold. we'll look at what the market looks look like at the end of 2013. a big part of the deferral was keep the balance sheet less leveraged than it would be with the order. about keeping the balance sheet strong. about better operating profits. we'll see what 2013 and 2014

bring. david: if you're stuck on a tarmac somewhere frankly one of the few planes i wouldn't mind being stuck is a virgin american plane. great to be stuck inside there. david, good to have you there. liz: food is good. david: food is good. ambience. liz: up next we've got one of the most top, most exclusive mentors for ceos and leaders in the world. he has a huge wait list. coming up you get to cut the line and learn the secret of success. david carter author of breakthrough, joins us. david: twilight sequel is helping shares of lyne's gate take flight. should investors be concerned or are they headed up. we have the hunger games series. a look at the future for lions gate coming up. those surprising little things she does

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>> i'm robert gray with your fox business brief. wall street rounding out the day in a sea of green but all three major indices ended the week lower with the dow posting its fourth straight weekly loss. the tribune company has taken another step closer to emerging from bankruptcy the parent of wgn 46 tv and 22 other stations received the okay to transer its broadcast licenses to the new owners. tribune filed for bankruptcy protection in 2008 and plans to transfer ownership to its main creditors. sending a package with united parcel service will become more expensive come the new year. ups is increasing the rate for items sent by air by 4 1/2%. items sent overseas from the u.s. will rise the same amount and ground rates will rise by nearly 5%.

that's the latest from fox business network, giving you the power to prosper and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office. at e-trade, our free online tools and retirement specialists can help you build a personalized plan d execute it with a wide range of low cost investments.

get a great plan and low cost invtments at e-trade. liz: successful ceo is simply someone that gives them great advice to build what is already there. we have the mentor that helps top ceos do that. he made 50 people multimillionaires. he has exclusive list of clients he mentors but takes only 10 every three years but you're getting his advice right here right now. david: this is lot of free advice for nothing. joining news a fox business exclusive, david cm carter, mentor and author of new book, breakthrough. pleasure to have you here. thanks for coming. first off if the folks out there watching this segment think, you know i'm not living up to my potential, i'm not doing exactly what i know i can do even if i'm in the right job i'm not performing as i should be able to perform, what is the

first question a person like that should ask themselves. >> i think actually it's in your question which is am i being the best version of myself? as a manager, as a colleague, as a boss, as an entrepreneur. and i think 99% of people on this planet know that there is always a five degree course correction they can make in what they're doing to be a better version of themselves. and let's face it, if we made a five degree course correction every week for 20 weeks we would end up 100% changed at the end of that period of time. so i think, that's a really great question. am i being the best version of myself in everything i'm doing? liz: well, you know, then it becomes the question, what should i be feeling right now? if i know i can be better than that, what should success feel like? you talk about that as a question. it seems a little amorphous. can you kind of dig down how somebody can ask themselves that question and become better? >> i think that success is

directly linked to happiness and, and wealth rather than money. money and wealth are two very different things. and actually at the end of the day we don't like underperforming our own potential. no one does. if i know i can be a better dad, a better colleague, a better boss, i don't like not being the best version of myself. however change is actually very difficult for people. most people aren't naturally self-motivated and self-managing to start a change program. that's why all top sports people have a coach. that's why programs like weight watchers are so successful beeause it is peer pressure and pier mentoring. that is why one of the things i urge everybody to do is get a mentor and be a mentor. it is both of those. kind of the ying and the yang. because if you have a mentor, someone will hold you to

account, hold your feet to the fire, guide you, teach you, show you, whatever. also, have you ever noticed when you try and teach someone else you put yourself, you know, on a pedestal in a way and you want to make sure you're delivering --. liz: you're living up to it. david: teacher or parent in that regard. let me, you said something fascinating. there is difference between wealth and money. a great writer named george gilder said that also. money is something you have. the wealth is the capacity, the ability to create something new. you may have zero money but be a very wealthy person because you can create something new. should you look where you are and say if i'm in a position where i can't create something new i should change that position? >> i think that if you aren't optimizing your potential, if you're not following your north star, if you're not being the best version of yourself there is always something that you can do to get in the zone as i call it. david: even at the same place? even if you don't quit and

say i'm going somewhere else and try isn't. >> i think 99% of the people could be an awful lot happier staying in the company they're in but doing the right thing and doing it the right way and perhaps, yes. liz: you were talking about a five degree change. you know, if you're going around and around in a circle and in your book, by the way i highly recommend this because i could not put it down. you're going around the earth in a rocket ship, if you just alter by five degrees, you take a moon shot. how do you alter by five degrees, david? >> it's a lot easier to change five degrees than 50 degrees, isn't it? a lot of people are worried about change thinkiig i need to give up everything and do a complete u-turn. it is not like that at all. take for example i company a worked with a few years ago. when i first started working with the company they had 25% staff turnover. every single year.

and, ceo didn't really this that was a problem but they were a year away from an ipo and of course, why would people leave you when it was year away from ipo. we had exit interviews to find out why people were leaving. there was 10 major reasons, the 9th which was money. my boss didn't listen to me. no one said thank you, no one told me what to do, blah blah. what we did over the next 12 months put in place five degree course corrections made each one of those issues go away. guess what? at the end of the year the company had double the revenues, treble the profits, 100% improvement in employee engagement a series of five degree course corrections ended up with the individuals a lot happier at work and the company awful lot more profitable. >> next time we have to have you here for an hour. they're giving me a wrap. i have to ask you about apple, is apple in needs of one of these major course corrections right now? is that why its stork is

floundering? >> i never like to comment on individual companies but i think that any company that has grown and grown and grown amazing successfully apple has at some point have to stop and think we can't keep growing like this without perhaps a new, some course corrections. amount of money that happel has in its books at the moment is bigger than many countries of the so it probably does need to think about how it needs a new direction to do as well in the next 20 years as well as it has done the last 20 years. liz: the book is breakthrough. >> that's right. liz: david carter is the author. it is available for purchase on his website if you want to go that route and will be available in the u.s. at the new year. david: we'll have five more tips from david. facebook.com/afterthebell.

who knows, some day you will have your own television. >> thank you. david: come back see us again. >> love to, thanks. david: the last film in the "twilight" series is hitting the theaters over the weekend. find out what this movie could mean for lions gate and their investors next 4g lte is the fastest.

so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon.

more 4g lte coverage than all other networks combined.

liz: brace yourselves the final "twilight" theater is hitting today. sun is not yet to sun on the series from lions gates. david: dennis kneale is here to sink his teeth into the story. >> for lionsgate entertainment the "twilight" franchise certainly doesn't suck. the fifth and final installment of the vampire romance series premiered at midnight last night. raked in more than 30 you milllon on 3,000 screens that. is record for "twilight.". lions gait falling. up eight fold in five years

or so. lionsgate to cut its billion dollar debt in half, some of that thanks to vampires with abs. they are hoping the author of the "twilight" books will write yet another sequel. up next, bella and edward get divorced after edward falls in love with the werewolf known as jacob. there he is. the first "twilight" came out in the '08 and created markets for flicks aimed a lot of lorne teenage girls. it since raked in $2.5 billion in ticket sales for just four films. breaking down 2 will likely put the whole shebang past the 3 dal billion mark. the peak was 09. 140 million for the new moon. the new film will likely beat that. lionsgate has other content. it has new tv hit, nashville. and showtime's pot loving series, "weeds." the best thing up for lions gate, will be "the hunger games."

now the rest of hollywood hungers for the teen girl cohort "twilight" created. lionsgate is hoping "the hunger games" will pick up where bella and edward left off. david: i haven't seen one "twilight" but i have seen "the hunger games" five times and i'm not a girl. time to go off the desk. how about this for a presidential candidate, a donkey claim. they fought in ecuador to get senior burro. the donkey will not be on the ballot unfortunately. poor donkey. >> poor thing. he is better off without being on a ballot. david: great show today. thank you for watching. liz: "money" with melissa next whene got married.

i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule.